https://www.taxtmi.com/circulars?id=11347 Authorised Dealer banks may accept FCNR(B) deposits in any permitted currency, meaning a foreign currency that is freely convertible under FEMA regulations; banks should notify account holders of this liberalisation, which is issued under the Foreign Exchange Management Act and without prejudice to other statutory permissions. en-us Wed, 19 Oct 2011 00:00:00 +0530 Wed, 19 Oct 2011 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11347 Authorised Dealer banks may accept FCNR(B) deposits in any permitted currency, meaning a foreign currency that is freely convertible under FEMA regulations; banks should notify account holders of this liberalisation, which is issued under the Foreign Exchange Management Act and without prejudice to other statutory permissions. Circulars FEMA Wed, 19 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11347